Kestra Investment Management LLC Boosts Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

Kestra Investment Management LLC boosted its position in shares of Starwood Property Trust, Inc. (NYSE:STWD - Free Report) by 27.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,621 shares of the real estate investment trust's stock after purchasing an additional 30,241 shares during the period. Kestra Investment Management LLC's holdings in Starwood Property Trust were worth $2,665,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Atria Wealth Solutions Inc. grew its stake in Starwood Property Trust by 31.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 88,148 shares of the real estate investment trust's stock worth $1,670,000 after acquiring an additional 20,840 shares in the last quarter. D.A. Davidson & CO. grew its stake in Starwood Property Trust by 3.2% in the 4th quarter. D.A. Davidson & CO. now owns 61,272 shares of the real estate investment trust's stock worth $1,161,000 after acquiring an additional 1,922 shares in the last quarter. Truist Financial Corp grew its stake in Starwood Property Trust by 19.2% in the 4th quarter. Truist Financial Corp now owns 49,906 shares of the real estate investment trust's stock worth $946,000 after acquiring an additional 8,047 shares in the last quarter. Wealth Quarterback LLC grew its stake in Starwood Property Trust by 3.6% in the 4th quarter. Wealth Quarterback LLC now owns 14,817 shares of the real estate investment trust's stock worth $281,000 after acquiring an additional 518 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its stake in Starwood Property Trust by 2.0% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 486,799 shares of the real estate investment trust's stock worth $9,225,000 after acquiring an additional 9,763 shares in the last quarter. 49.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on STWD. JPMorgan Chase & Co. dropped their target price on shares of Starwood Property Trust from $20.00 to $19.50 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. UBS Group upped their target price on shares of Starwood Property Trust from $19.50 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, November 15th. JMP Securities lowered their price target on shares of Starwood Property Trust from $24.00 to $23.00 and set a "market outperform" rating for the company in a research report on Thursday, November 7th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Starwood Property Trust from $22.50 to $22.00 and set an "outperform" rating for the company in a research report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $22.13.

Starwood Property Trust Stock Down 0.8 %

NYSE:STWD traded down $0.17 during midday trading on Friday, reaching $19.93. 2,022,337 shares of the stock traded hands, compared to its average volume of 2,017,883. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.79 and a current ratio of 1.79. Starwood Property Trust, Inc. has a 12-month low of $18.12 and a 12-month high of $21.17. The stock has a market capitalization of $6.72 billion, a PE ratio of 17.03 and a beta of 1.69. The business has a 50-day moving average of $19.35 and a two-hundred day moving average of $19.79.

Starwood Property Trust Profile

Starwood Property Trust, Inc operates as a real estate investment trust (REIT) in the United States and internationally. The company operates through Commercial and Residential Lending, Infrastructure Lending, Property, and Investing and Servicing segments. The Commercial and Residential Lending segment originates, acquires, finances, and manages commercial first mortgages, non-agency residential mortgages, subordinated mortgages, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS), and residential mortgage-backed securities, as well as other real estate and real estate-related debt investments, include distressed or non-performing loans.